£230,465
This estimated value is based upon the latest sale price for the house of £135,000 on 16 Aug 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£135,000 | 16 Aug 2010 |
£80,000 | 6 Sep 2006 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in August 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £135,000 results in an estimated price of approximately £230,465.
16 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.715 % | £135,000 | £95,465 | £230,465 |
The Postcode Pricing Model uses changes in average sales price within the ME7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 99.530 % | £134,365 | £269,365 |
3 Month Average | 79.390 % | £107,175 | £242,175 |
6 Month Average | 74.356 % | £100,380 | £235,380 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £288,877 | £280,000 | 141 MARLBOROUGH ROAD |
28 Feb 2023 | £286,917 | £285,000 | 23 MARLBOROUGH ROAD |
18 Nov 2022 | £218,976 | £220,000 | 131 BRITTON STREET |
7 Oct 2022 | £187,374 | £188,000 | 91 BRITTON STREET |
10 May 2022 | £231,019 | £225,000 | 92 BRITTON STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 May 2013. Using an estimated price of £230,466 means this house is valued at £2,560 per sq meter (£237 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 95 sq meters (1,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |
Sep 2024 | Anti-social behaviour | On or near Marlborough Road | |
Aug 2024 | Public order | Under investigation | On or near Marlborough Road |
Jul 2024 | Anti-social behaviour | On or near Marlborough Road | |
Jul 2024 | Anti-social behaviour | On or near Marlborough Road |